Microturbines market was dominated by industrial end use segment in
2012. The commercial sector is flooded with supermarkets, malls,
offices, hotels and hospitals. The energy requirement under commercial
sector (30 KW to 200 KW) matches the output efficiency of the
microturbine which leads to propelled growth rate of the commercial end
use segment. Microturbine usually forms the secondary energy resource
for the industrial end use segment while in off grid areas it is one of
the primary energy sources. The residential end use segment has several
other cost efficient alternative energy options, due to which it is
comparatively less attractive market for microturbine systems.

The microturbine market is consolidated with few large players. Capstone
Turbine Corporation dominated the microturbine systems market in 2012
accounting for 78.3% market share. It primarily focused on expanding its
business overseas by forming strategic alliances with local and key
players in several other regions. Capstone acquired several medium and
large players in the industry with an objective to maximize its customer
base. Some of the other key players in the market include FlexEnergy,
Global Microturbine LLC, Turbec, and Elliot Company Inc. The
monopolistic nature of microturbine's market acts as a major barrier to
the new entrants.

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